AI crypto market cap doubles to $25 billion in 20 days

The AI crypto sector’s combined market cap has more than doubled to $25. 1 billion in less than a month as the world remains engrossed in developments in AI technology, according to CryptoSlate data.

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Crypto Firms Raised $6.25 Billion in 2023, a 70% Drop From 2022

Crypto firms raised $6. 25 billion in 2023, a 70% drop from 2022's $22 billion, amid a decline in VC interest. Meanwhile, AI companies attracted significant funding. The post Crypto Firms Raised $6.

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These Are the 20 Active Spot Bitcoin ETFs Worldwide, With a Combined Value of $4.16 Billion

The global emergence of Spot Bitcoin ETFs marks a paradigm shift in the crypto sector, amassing $4. 16 billion in assets. While Canada and Europe are pioneering this movement, the US anticipates a significant market surge pending SEC approval, potentially unlocking a new chapter in the crypto industry.

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Crypto Crime Hits Record Lows, But Ransomware Threat Looms Large: Study

Crypto scams have experienced a significant decline of 77% in the first half of 2023, plummeting from a staggering $3. 3 billion to $1. 1 billion, as shown in a recent report from blockchain intelligence firm, Chainalysis.

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Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1

The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022.

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Bearish crypto movement is expected as overbought signals surface

The total crypto market capitalization rose from $797 billion on Jan. 1 to around $859 billion nine days later, and is roughly $857 billion at the time of writing, per CoinMarketCap data. While the top 15 cryptocurrencies were moving in…

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More Than $3 Billion Stolen from Crypto Projects in 2022: Forbes

Crypto ecosystem witnessed more than 125 hacks and lost over $3 billion this year

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Stablecoin Supply Near $200 Billion, Faster Growth Than Rest of Crypto

Stablecoin supply shows significant growth during the year. The market cap of the top stablecoins is roughly $181 billion, over 11% of the total crypto market, which is now at $1,6 trillion after shedding over $140 billion in the past two days over geopolitical concerns.

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$30 Billion Venture Fund Looking to Invest $4.5 Billion into Crypto

One of the largest VC firms in Silicon Valley is looking to invest $4.5 billion in crypto

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Buyer Beware: Crypto Scammers Raked In $14 Billion In 2021

According to blockchain research firm Chainalysis, scam involving crypto reached an all-time high of $14 billion last year, a record that comes as regulators demand for more power over the fast-growing sector.

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US Leads the Way to A 6x Surge in Crypto Venture Investments to $21.3 Billion

While the total value of funding in crypto startups dropped by about a third to $214 million in China, it increased over sevenfold to $10. 9 billion in the US. The post US Leads the Way to A 6x Surge in Crypto Venture Investments to .

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U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move

Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More

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US senators eye the crypto market for potential $28 billion in tax revenue 

US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported.

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BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’

The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide. With well over $28 billion in global trade volume, the leading crypto asset’s overall market valuation is now a whopping $728 billion in value.

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$1.5 billion worth of Bitcoin from Mt. Gox hack might spook crypto markets

Victims of the infamous Mt.

The post $1.5 billion worth of Bitcoin from Mt. Gox hack might spook crypto markets appeared first on CryptoSlate.

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Expert: India Will Lose An Almost $13 Billion Market By Banning Crypto

India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion

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Expert: India Will Lose an Almost $13 Billion Market by Banning Crypto

India’s ban on crypto may be very costly, with the CEO of one research firm estimating that the country will lose out on almost $13 billion

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What Caused The $17 Billion Crypto Flash Crash?

What goes up must come down. Many had predicted a market correction but few of them expected it to be so fast and so violent. In just over an hour $14 billion was unceremoniously dumped out of crypto markets as Bitcoin and its brethren plunged back below previous levels of resistance.

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Newsflash: Sunday Crypto Bloodbath Sees $11 Billion Wipeout Within Minutes

On February 24, following an impressive short-term rally from February 21 to 23, the valuation of the crypto market plunged by $11 billion from $141 billion to $130 billion. Several analysts have suggested that the inability of Bitcoin to break out of the $4,200 mark, a crucial resistance level for the dominant cryptocurrency, led most crypto assets to retrace.

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Crypto Fundamentals: What is Driving The Massive $20 Billion Rally and How Long Will it Last?

In the past 3 weeks, the valuation of the crypto market has increased by more than $22 billion from $111 billion to $123 billion. There is no shortage of technical charts, indicators, analysts and observers trying to predict where crypto markets and Bitcoin will go next.

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Crypto Trading Volume Hits 9 Month High at $34 Billion

Market Wrap Crypto markets still rallying; EOS and BCH running away with it, Cardano, Dash and ETC performing well. The big crypto rally which began with Ethereum yesterday has continued today where a different top performer has emerged.

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Crypto Markets Hit Monthly High With $5 Billion Pump

Market Wrap Crypto markets moving on Monday; Ethereum is surging, BCH and Maker going strong, Tron and NEO are weak. Crypto markets are rallying this Monday morning as $5 billion gets pumped back in over the past 24 hours.

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Bitcoin Bottom In? What Crypto Traders Expect After $10 Billion Surge Overnight

On February 8, the crypto market experienced a strong $10 billion recovery from $111 billion to $121 billion, breaking out of a three-week stalemate. With an overnight price movement, the crypto market nearly fully recovered to January levels at around $130 billion.

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Crypto Market Wrap: Rebranded Litecoin Flips Stellar With $2 Billion Cap

Market Wrap Crypto markets are frugal on Friday, Litecoin is the only one making a move, the rest are lethargic. The week is ending on a flat note as there is still very little movement amongst the major cryptocurrencies this Friday.

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Red Friday: $15 Billion Slide Dumps Crypto Markets to New 16 Month Low

FOMO Moments Crypto markets plunging perilously low; Bitcoin Cash and EOS collapsing, Bitcoin SV climbing the chart. The slow selloff that has been happening all week has accelerated today as crypto markets crash to their lowest levels of 2018.

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Crypto Exodus Continues Sunday With Another $23 Billion Dumped

FOMO Moments A third big dump sends crypto markets plunging; No cryptocurrencies escaping the exodus. The third wave of selling that started yesterday has continued unabated this weekend. Total market capitalization has been smashed below $120 billion as a further $23 billion has been dumped from digital currencies over the past 24 hours.

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The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough

There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.

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Crypto Giant Bitmain Eyes One of World’s Largest IPO at $18 Billion

Bitmain going public at $18 billion will be the highest IPO in the history and will bring a lot of traditional market players to the crypto space. The post Crypto Giant Bitmain Eyes One of World’s Largest IPO at $18 Billion appeared first on CoinSpeaker.

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Crypto Markets Lose $50 Billion in a Fortnight

FOMO Moments Markets are still falling, Ethereum Classic and Zcash defying the drop while Iota suffers. The bears are still in control as we start another week in crypto land. The selloff which started around two weeks ago has continued unabated as market capitalization drops back down to just over $250 billion equating to a.

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Bitcoin Dominance Drops Significantly, Further Worrying BTC Investors

The cryptocurrency markets are experiencing some sideways movement this morning (UTC + 3) with the total market capitalization showing some stability above $250 Billion and at current levels of $254.

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What Is Mithril? Introduction To MITH Token

Social media is a big business. Pew Research shows 68 percent of American adults are on Facebook alone, and 74 percent of those users access the platform daily. Mark Zuckerberg is worth over $67.

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Despite NYSE’s ‘Biggest News of the Year’ for Bitcoin, Crypto Markets Plummet in a Blink

Markets have taken a rapid plunge today, with Bitcoin losing almost $500 on the day to dip below $7,000 and over $13 billion wiped from total market cap of all cryptos

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Crypto Market Sees Over $20 Billion Raised Via ICO Tokens Since 2017

Cryptocurrencies have been expanding all over the world and blockchain technology has also been reaching new markets. But it seems that the crypto world is currently in an installation phase. This is how Carlota Perez calls it, and indeed it will need time to keep developing. In a latest report, the crypto market has witness […]

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Ethereum Classic Recovers as Coinbase Nears ETC Trading

FOMO Moments Current recovering altcoins are Ethereum Classic, Tezos, and Nano. The falling knife seems to have hit something solid as we enter the weekend in crypto land. The bears are having the day off and market capitalization has halted at just above $265 billion as further losses are on hold for now.

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 03

Total crypto market cap has lost almost $40 billion over the past week - what should we expect next? Let’s check the charts

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$1.3 Billion Worth Of BTC Locked Up By Mt. Gox Won’t Move Till Next Year

Mt. Gox are back in the headlines, this time as a result of a decision made by authorities that will see money owed by Mt. Gox, held until summer 2019. Just to recap, Mt. Gox are due to credit the accounts of customers who had funds stolen during the Mt.

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SBI Invests $9 Mln in Cryptocurrency Derivatives Platform

Global investment firms and cryptocurrency exchanges are rushing to develop new digital asset markets in preparation for impending regulations. Announced on July 31, 2018, SBI Holdings invested $9 million in Clear Markets to create a cryptocurrency derivatives trading platform.

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Red Friday for Crypto as Markets Shed Another $14 Billion

FOMO Moments Cryptos are in pain today; Stellar, Cardano, VeChain, and Tezos in a world of hurt. The bears have a stranglehold on markets once again and they have plummeted overnight. Total market capitalization has dropped closer to $260 billion as another $14 billion got wiped out of crypto in just 18 hours.

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SBI’s VCTRADE and 2 More Reasons To Continue Being Bullish About XRP

The crypto-markets seem to back to the usual bearish trend. Bitcoin (BTC) is trading at levels of $7,345 and the total crypto market capitalization has dropped to $260 Billion when we had seen $300 Billion only a few days ago.

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Some Merchants Are Doing $10 Million a Month in Bitcoin Payments Says BitPay’s Sonny Singh

“Bitcoin is actually working,” says Sonny Singh, BitPay’s COO, in an interview with a China based crypto media. He said BitPay processed $1. 2 billion worth of bitcoin payments last year.

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Cryptocurrency Market Update: Altcoins Continue to Slide

FOMO Moments Market decline has slowed but EOS, VeChain, Cardano, and Ethereum Classic are still suffering. The rout has not continued over the past 24 hours and crypto land seems to have found a level where markets have settled.

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Ripple partner SBI Holdings enters cryptocurrency derivatives market with new investment

SBI Holdings announced recently that they completed an investment round in Clear Market Holdings through their Crypto Investment arm, which leaves them with 12% ownership in the company. Even as the price was not disclosed, reports place the figure somewhere close to 1 billion Yen, or $9 million.

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Bitmain Made $1B in Q1 Profit, Valued at $14B

The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion.

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NEO: Is China Holding Its Best Blockchain Asset Back?

NEO might be the 13th largest coin on the open market, with a market value of $1. 85 billion and a daily trading volume of $80 billion, but the ‘Chinese Ethereum’ has taken a beating of late.

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Crypto Markets Dump $15 Billion in 18 Hours

FOMO Moments Markets are dumping in crypto land; XRP hangs on but Bitcoin, VeChain, Icon and Polymath slide. Markets have dumped overnight and the selloff has continued leaving crypto land in a sea of red this morning.

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South Korean authorities are investigating a possible crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck.

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Cryptocurrency Market Update: Polymath Pumps on Binance Listing

FOMO Moments Markets are back in the red; Polymath is pumping but Cardano, EOS and Stellar are getting hammered. The bears have regained control of crypto markets and the selloff has accelerated today.

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Power Grid Operators Are Tracking Down Bitcoin Mining Electricity Thieves

Crypto mining is one of the world’s largest sources of energy consumption. Typically, you pay money for electricity, and this is an accepted cost of mining. But you can make even more money through crypto mining when you steal electricity – and that’s what people around the world have started to do. Approximately $90 billion […]

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$243 Billion In Fines: Crypto Will Never Keep Up With Bank Fraud

When discussing cryptocurrency with friends and associates, I often hear a  familiar refrain.  “Isn’t Bitcoin used by criminals?” The short answer is yes – everything with any value is used by criminals, whether it’s art, money, jewelry, or more.

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